Arrowstreet Capital Limited Partnership Has $1.65 Billion Stock Holdings in ASML Holding N.V. $ASML

Arrowstreet Capital Limited Partnership lifted its stake in shares of ASML Holding N.V. (NASDAQ:ASML) by 195.8% during the fourth quarter, Holdings Channel reports. The firm owned 1,544,705 shares of the semiconductor company’s stock after purchasing an additional 1,022,532 shares during the quarter. ASML makes up approximately 1.0% of Arrowstreet Capital Limited Partnership’s portfolio, making the stock its 13th largest holding. Arrowstreet Capital Limited Partnership’s holdings in ASML were worth $1,652,618,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Binnacle Investments Inc raised its position in shares of ASML by 78.9% during the second quarter. Binnacle Investments Inc now owns 34 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 15 shares during the period. North Star Investment Management Corp. raised its position in ASML by 68.8% during the fourth quarter. North Star Investment Management Corp. now owns 27 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 11 shares during the period. Jessup Wealth Management Inc acquired a new position in ASML during the fourth quarter valued at $30,000. Kohmann Bosshard Financial Services LLC acquired a new position in ASML during the fourth quarter valued at $32,000. Finally, Evolution Wealth Management Inc. acquired a new position in ASML during the fourth quarter valued at $33,000. 26.07% of the stock is owned by institutional investors and hedge funds.

Key ASML News

Here are the key news stories impacting ASML this week:

• Positive Sentiment: Goldman Sachs reaffirmed its buy rating on ASML, reinforcing Wall Street confidence in the company’s long-term earnings and dominance in semiconductor lithography. ASML receives a buy rating from Goldman Sachs
• Positive Sentiment: Elon Musk’s appearance at ASML’s technology conference put the company in the spotlight and highlighted its importance to next-generation chip manufacturing plans, including Musk’s proposed Terafab project tied to Tesla and SpaceX. Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
• Positive Sentiment: Investor interest remains strong in ASML’s technology leadership, with commentary noting its widening moat and continued relevance in AI and advanced semiconductor manufacturing. The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
• Neutral Sentiment: ASML also drew attention from articles discussing possible chip-tool challengers such as Canon and xLight, but these reports did not show an immediate threat to ASML’s EUV leadership. Canon: Potential Challenger Of ASML’s EUV Process
• Neutral Sentiment: ASML reached a deal with unions to reduce planned job cuts, and a separate report said the cuts were delayed, which may help labor relations but is not a major near-term growth driver. ASML to slash fewer jobs after striking deal with unions

ASML Stock Performance

ASML opened at $1,863.55 on Friday. The company has a market cap of $732.90 billion, a PE ratio of 66.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.82. The stock has a 50-day moving average of $1,539.82 and a 200-day moving average of $1,369.29. ASML Holding N.V. has a 52-week low of $683.48 and a 52-week high of $1,903.50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.78 and a current ratio of 1.36.

ASML (NASDAQ:ASML) last released its quarterly earnings results on Monday, March 30th. The semiconductor company reported $8.28 earnings per share (EPS) for the quarter. ASML had a return on equity of 48.69% and a net margin of 27.65%.The company had revenue of $10.15 billion during the quarter. As a group, equities research analysts forecast that ASML Holding N.V. will post 36.86 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. upped their price target on ASML from $1,813.00 to $2,200.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Barclays reissued an “overweight” rating on shares of ASML in a research report on Thursday, June 4th. Morgan Stanley reissued an “overweight” rating on shares of ASML in a research report on Wednesday, June 3rd. Royal Bank Of Canada upped their price target on ASML from $1,625.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of ASML in a research report on Thursday, April 16th. Four analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,589.63.

ASML Profile

ASML Holding N.V. (NASDAQ: ASML) is a Dutch company that develops, manufactures and services advanced photolithography systems used to produce semiconductor chips. Headquartered in Veldhoven, Netherlands, ASML supplies capital equipment and associated software and services that enable semiconductor manufacturers to pattern the intricate circuits on silicon wafers. The company is widely recognized for its leadership in extreme ultraviolet (EUV) lithography as well as its deep ultraviolet (DUV) platforms used across multiple process nodes.

ASML’s product portfolio includes EUV and DUV lithography machines, light sources, imaging optics and control software, together with spare parts, upgrades and field services.